Trump to buy the Ritz-Carlton in Jupiter

Billionaire Donald Trump signed a contract today to purchase the Ritz-Carlton Golf Club & Spa for an undisclosed price.

Trump said the deal is scheduled to close in 30 days, at which time the club will be renamed Trump National Golf Club, Jupiter.

Already a part-time Palm Beacher with his Mar-a-Lago Club, Trump said he’s wanted to buy the Ritz-Carlton for five years.

“I’ve had my eye on it since the first day I saw it,” Trump said. “Nothing goes quickly.”

The Ritz-Carlton Golf Club & Spa is a private, members-only club and home to about 80 residents. The homes, designed in the style of Addison Mizner’s Spanish-Mediterranean architecture, are priced between $1.5 million and $4 million, according to the club’s website.

Trump said in addition to the name change, he plans to make improvements to the golf course, spa and locker rooms as well as possibly add a ballroom.

“The golf course is already world class,” he said. “Outside of Mar-a-Lago and Trump International, it doesn’t get any finer.”